Energy Dollar Concept

The Energy Dollar is a concept for a currency based on energy production that would provide a more stable and reliable foundation for wealth.

Origins of the Energy Dollar concept

• Historical concept discussed by industrial luminaries (possibly Ford and Edison)
• Mentioned in a 2016 blog post by Guillermo Rauch
• Proposed as an alternative to traditional currency systems

Core principles of the Energy Dollar

• Based on the production of joules of energy or electricity
• Would track reality and the universe more accurately than traditional currencies
• Provides a "rock solid" foundation for currency
• Connects wealth to something fundamental and measurable

Why energy as currency makes sense

• Energy can be transmuted into intelligence (through computing power)
• Computing power and AI capabilities are limited primarily by energy availability
• A store of wealth needs to be something rare and provable
• Energy represents a fundamental, universal resource

Connection to broader concepts

• Related to the Kardashev scale (measuring civilizations by energy capture ability)
• Aligns with our increasing ability to harness energy from stars
• Represents a more reliable and trustworthy system than government-controlled currencies
• Could potentially serve as the foundation for denominating all value "under the hood"

Practical implications

• Could provide a more stable store of value than traditional currencies
• Might prevent manipulation by governments or financial institutions
• Would create a direct link between productive capacity and wealth
• Could serve as a foundation for a more reliable global financial system